Social Trading is a new crowd based concept whereby you can follow and copy the trades of experts and successful traders. If you don’t have the time to do research or know what positions to take in the market, or even the time to place trades: then this new social trading concept is for you. By copying the positions of professional traders you can leverage the knowledge and experience of others and become a financial investor that makes consistent profits in the Forex and stock markets. These Social Trading sites give 100% transparency of the professional traders performance giving you complete flexibility about which traders you follow or not. You may ask “Why would successful traders share their knowledge”, there are two main reasons. 1. The traders that you follow earn a small fee from the social trading sites for each time they make successful trades. 2. Having more money behind the selected trade moves the trade further into a better position, meaning the more people that copy that trade the more the trade will profit. In summary, Social Trading is a win win all around for the traders and for people wanting to benefit from the financial markets. Take a look at the reviews of the best social trading companies to select the one that suits you.
Forex Trading (foreign exchange, FX or currency market) is the largest market in the world and it has enormous liquidity due to 4 Trillion dollars being exchanged daily. Due to the simplicity of the new FX trading tools available it is now possible for everyone to trade these currency markets the same as traders in banking institutions have been doing for years. This opens up a whole new opportunity for speculating on the currency markets at a click of a button. The real time price of the global currency market rates are reflected and because of the rapid market response to news and events there are large price fluctuations available to take advantage of. Due to these fluctuations Forex Trading is very popular with day traders looking to profit from these daily price movements. The most frequently traded currency pair is the EUR/USD. If you think that the EUR will increase in value against the USD then you go Long and if you think the EUR will decrease in value then you go Short. Below are the best Forex Trading companies that offer regulated currency trading solutions.
CFD Trading: the term CFD stands for “Contract for Difference”. The amount of market trading conducted using CFDs has increased massively over the past decade with $5 Trillion being traded annually. CFD products are really popular due to the ease in which people can open trades based on the current market prices. Market positions can be opened and closed instantaneously at the click of a button with the profit or losses being reflecting on your account immediately. Essentially CFDs are a way of trading and gaining from market price movements without the hassle of purchasing the actual instruments (shares, commodity or currency). In addition, CFD trading solutions offer the ability to open “leveraged” positions meaning that a small balance can generate larger gains, but be careful, this can result in larger losses also if your positions go against you. The below are the best companies that offer CFD trading services, with each of them typically offering thousands of instruments to take positions on.
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RECOMMENDED SOCIAL TRADING SITES
RECOMMENDED FOREX & CFD TRADERS